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Brookfield Wealth Solutions Reports Doubling of Business and Increased Quarterly Distribution

Story Highlights
  • Brookfield Wealth Solutions doubled its business size in 2024, aided by a key acquisition.
  • The company declared a 13% increase in its quarterly distribution, reflecting strong financial performance.
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Brookfield Wealth Solutions Reports Doubling of Business and Increased Quarterly Distribution

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Brookfield Wealth Solutions ( (TSE:BNT) ) has provided an update.

On February 13, 2025, Brookfield Wealth Solutions announced its financial results for 2024, reporting significant growth with a doubling of business size and a successful acquisition of American Equity Investment Life Holding Company. The company’s net income increased due to strong operating performance, and it declared a 13% increase in its quarterly distribution. The announcement highlights Brookfield’s strategic expansion, with $19 billion in annuity and pension risk transfer sales, and a strong liquidity position to support future growth. The company’s performance underscores its robust market positioning and potential implications for stakeholders as it continues its international expansion in 2025.

More about Brookfield Wealth Solutions

Brookfield Wealth Solutions Ltd. operates primarily in the financial sector, offering scalable annuity platforms and investment services. The company focuses on leveraging its North American annuity platform and investment capabilities to expand internationally.

YTD Price Performance: 1.71%

Average Trading Volume: 11,639

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $10.08B

For an in-depth examination of BNT stock, go to TipRanks’ Stock Analysis page.

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